7111 South Broadway 7111 South Broadway Los Angeles, California 90003 United States
$1,800,000
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This fully renovated mixed-use investment property offers strong cash flow and a turnkey opportunity for investors. Undergoing a complete transformation from 2019 to 2022, with $750,000 in upgrades, every major system has been modernized to...
- 445 m²
- Exterior
- Residential Income
- Property type
- 1902
- Year Built
- PW25046864
- Web Id
- PW25046864
- MLS ID
- 59
- days ago
About 7111 South Broadway
This fully renovated mixed-use investment property offers strong cash flow and a turnkey opportunity for investors. Undergoing a complete transformation from 2019 to 2022, with $750,000 in upgrades, every major system has been modernized to ensure long-term value and minimal maintenance. Extensive improvements include a fully replaced plumbing system, new electrical panels with complete rewiring for both residential and commercial spaces, and main sewer lines replaced from the street to the units. The interior features all-new drywall throughout, along with new tankless water heaters and two brand-new roofs. The exterior has been enhanced with new stucco, windows, gutters, and freshly poured concrete in the back area. Residential units include: 3 bedroom 2 bath, 2 bed 1 bath, a studio and a bonus un-permitted studio. Each unit has washer and dryer inside. All three residential apartments have been fully remodeled, as well as the three commercial units, with one space divided into two separate units. The property generates strong rental income and with significant upgrades already completed, this property is a rare opportunity for investors seeking a high-income, low-maintenance asset.
Listing Courtesy of Home Smart Realty Group, Email/Phone : 562-256-5779
Listing Courtesy of Home Smart Realty Group, Email/Phone : 562-256-5779
Amenities
- Refrigerator
- Vinyl Flooring
- heating/cooling
PROPERTY INFORMATION
- Appliances
- GasOven, Refrigerator
- Community Info
- Urban
- Cooling
- WallWindowUnits
- Garage Info
- 0
- Parking Description
- OnStreet
- Sewer
- PublicSewer
- Water
- Public
EXTERIOR
- Construction
- Drywall, Concrete, Stucco
- Lot Description
- ZeroToOneUnitAcre
- Roofing
- Flat
INTERIOR
- Flooring
- Vinyl
ADDITIONAL INFORMATION
- Number of Units
- 6
Listing Courtesy of Home Smart Realty Group, Email/Phone : 562-256-5779
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